Creed frontman Scott Stapp posted a video on Facebook in which he reveals he is broke and homeless after IRS audit. He describes his struggles in painful detail in the video which went viral almost instantly.

Scott Stapp

Photo: Scott Stapp
Credit: PR Photos

The 41-year-old Grammy winning rocker Scott Stapp has stunned the world with the sudden release of the video. Out of no where, the video and the shocking admissions.

Scott Stapp until now, has been known for years as the lead vocalist of the veteran band Creed which rose to fame in the 1990s and has sold more than 50 million records worldwide; the band has produced such signature hits as ‘Slow Suicide’ and ‘With Arms Wide Open. Reportedly his net worth was $10 million.

Scott Stapp says that he is now broke. He explains in the video, which runs more than 15 minutes, that “all hell broke loose” approximately two months ago when he and his record company were subjected to an IRS audit.

He said, “The IRS has frozen my bank accounts two or three times to leave me completely penniless. I don’t even understand that, why all this is happening at the same time. When I called to find out why, they said, “Oh we had an address mix-up, it was a clerical error, so we’ll return your funds in nine to 10 months.” I don’t understand how that’s fair, America.’

He speculates at one point about how his money has disappeared, saying, “A lot of things were uncovered. A lot of money was stolen from me, or royalties not paid. There are people that have taken advantage and stolen money from me and they’re trying to spread vicious lies and discredit me.’

He also spoke of his homelessness, saying, “Right now I’m living in a Holiday Inn by the grace of God, because there’s been a couple weeks where I had to sleep in my truck.”

He went on to insist that he was not suffering from drug or alcohol addiction, and characterized himself “as sober as can be” and denied allegations by his estranged wife Jaclyn Nesheiwat.

The utterly heartbreaking video and has sparked much discussion and the story of Scott Stapp is clearly still unfolding. Watch the video in its entirety below.